Electronic Commerce Essay

Electronic commerce has been there for a long time now, and it is a practice that is practiced by peoples from Germany, France, and the US on a daily basis. Since its inception around 40 years ago, e-commerce has continued to grow as innovations, technologies and a lot of business reverting to the use of the e-commerce. The aspect of buying and selling of goods in the early 1960s was sluggish with the traditional way of mailing of documents being replaced with the Electronic Data Interchange (EDI), which would later pave a way to the electronic commerce. After the e-commerce, however, the practice was not more reliable as it still had many challenges (Tsolis, 2009). For instance, it was not easy for buyers to see products from the comfort of their homes and more so, the methods of accessing the information were limited.

Business like Amazon wants to make buying item from their business easier for customers. This is why Amazon offers E-retailing which gives customer option to go shopping online. The internet has had impact change on consumers shopping habit as shopping online has numerous advantages which is why online shopping continues to gain popularity. Some of the advantages of E-retailing is that it’s convenient as consumers are able to go shopping at home which could help them save cost on travelling and also gives consumers an option to compare prices of different products as there are wide range of products being sold online.

Online shopping has been growing since businesses put the first online store on the web, now you can shop from anywhere around the world and have it shipped to you directly. Comparing the product against other online store competitors; making it easier to find the best price on the web. You can research the product and make sure this is what you need before buying it. The internet is a twenty-four hour shopping center, you can shop at whatever time you want and wherever you have time for it, making it more convenient to use online shopping. Using it can create more time for the things you would like to do. The negative side of online shopping is you have to wait until the product is shipped to you. The shipping and handling charge is increased for more expedited shipping. There are instances you pay more in shipping than you do for the actual product. Beside shipping charges to purchase, there are shipping charges when you need to return the product back. Also there are those computer problems that can appear; you do not always know if your personal bank information is being

The idea behind this study is of great significance because e-commerce (online shopping) has grown tremendously since the turn of the century. It has shaped the way people do shopping for the most part.

However, there are also the advantages and disadvantages to every good thing. When it comes to e-business, the advantages may include being able to use applications and features such as email, which is great because it is a quick and cheap way of sending information, combined with the ability to attach files and send them onto another user. E-business is also quicker and easier means of communications; it may strengthen marketing capabilities and reach. Finally, it may also reduce the cost of doing business by lowering transaction costs and increasing efficient methods for payment, such as using online banking and reducing stationery and postage costs.

The continuous development of Internet leads to the growth of e-commerce. The electronic commerce is growing constantly due to the continuously increasing number of mobile and online users in the market, primarily the emerging markets. Besides that, the development of the Information Technology (IT), such as the advance of paying processes and the improvements of shipping method also the main reason to cause the growth of electronic commerce (John Ingham, 2015). Most consumers accept e-commerce as their feasible alternative in the purchase of goods and

Many businesses have shown that after implementing an e-commerce system into their companies, sales have increased immensely. Sneaker Joe’s is a small family run business that is looking to expand their business after the sneakers they sell have shown to be very popular locally, after a picture of them was spotted on a social networking site. I have been looking at some of the most popular websites that consumers use to purchase their goods and what kind of commerce system they have in place, but first, I have written an explanation of the different types of ecommerce used today.

In basic terms, it was the opining up of the internet for commercial use in the early 90s that made it possible for individuals to utilize the said internet in the conduction of business transactions. It should however be noted that before this, there was what is referred to as EDI-based ecommerce. Defined as "a kind of teleportation method to transmit business documents from one computer to another," EDI was largely being utilized by large business enterprises back in the 80s (Qin, 2009, p.5). The 90s ushered in a new era of internet-based ecommerce. Internet-based ecommerce as I have pointed out elsewhere in this text was made possible by the opining up of the internet for commercial use. More recently, ecommerce has evolved to e-concept based ecommerce (Qin, 2009, p.5).

E-commerce creates a new distribution way and a bidirectional communication, all that with a reduce cost. The reduce

The purpose of this report is to show that even though some state that Social Media has fallen short of their expectations, it is actually good for business, given that it enhances the visibility of their brand and helps businesses stay connected to potential customers.

2. Efficient Customer Service: E-commerce provides an effective and efficient customer service, online customers to provide them with a very wide range of services, from before the beginning of after sales. The service includes providing related products, methods / ways to use, practical product specification through a video presentation of information, they are very quickly respond to customer inquiries and any other

Social media became an important issue in e-commerce. The sharing idea affects the e-commerce in many ways. Customers use the media platforms to get more information about the company, the brand of the product they want, and many

Besides, E-commerce is also considerably fast and means that the business will be more efficient. Furthermore, saves costs, as the business does not have the costs associated with running the business. They do not have to pay for such things as lighting, electricity, and fittings. With ecommerce the user has the ability to search for their product without having to look around shops in a time consuming manner. In fact the information is at their finger tips and can be accessed within minutes without even having to leave your home unlike shopping on the high street.

This is due to the fact where through Ecommerce, the cost for the middleperson to sell their products can be saved and diverted to another aspect of their business. One example is the giant computer enterprise, Dell, which practice such a method by running most of their business through internet without involving any third parties. Aside from that, marketing for Ecommerce can achieve a better customer to cost ratio as putting an advertisement on the internet is comparably much cheaper than putting up a roadside banner or filming a television commercial. For Ecommerce, the total overheads needed to run the business is significantly much less compared to the traditional commerce method. The reason due to that is where most of the cost can be reduced in Ecommerce. For example, in running an Ecommerce business, only a head office is needed rather than a head office with a few branches to run the business. In addition to that, most of the cost for staff, maintenance, communications and office rental can be substitute by a single cost, web hosting for the Ecommerce

Just 10 years after the internet was created, online shopping was invented. Shopping online is very convenient and saves a lot of time as it only takes a click of a button to purchase your order so that you can get back to the more important things on you schedule. By shopping online It is easier and quicker to conduct price comparisons as it just takes seconds to click from one online shopping website to another to get better prices. Shopping in stores can be very time consuming as it can be sometimes quite difficult to find a particular item in store and especially in big department stores or shopping centres, it can take a lot of time waiting to get served at the tills if there are big queues. By shopping online you can avoid the hassle of being in crowded stores for a length of time and online stores are open 24/7 allowing you to purchase your